Spain Resumes Banking Services After Massive Power Outage, Cash Usage Soars

A recent unprecedented power outage across Spain and Portugal disrupted financial services, but the nation is now back on track with banking operations resuming. Electronic payments, including those using bank cards at point-of-sale (POS) terminals, and ATM withdrawals, are available once again in Spain and Portugal. However, this interruption has highlighted the importance of cash as a backup payment method during such events.